City University of Hong Kong (CityU) encourages research and innovation. By translating new knowledge and discoveries into applications, CityU contributes to the development of society. Recently, CityU shone again in the top 100 worldwide universities granted US utility patents by the National Academy of Inventors (NAI). CityU ranked 51st in the world on the list, the highest position in the University’s history, and top among local universities for the fifth consecutive year, reflecting the effort CityU has put into promoting innovation and invention.
HK Tech 300 launched to encourage innovation application
To nurture talent and develop a knowledge-based society, CityU announced in March 2021 the launch of a large-scale flagship innovation and entrepreneurship programme, called HK Tech 300, with a dedicated allocation of HK$500 million. HK Tech 300 aims to help young entrepreneurs including CityU students leverage the University’s intellectual property and patented technologies to establish 300 start-ups within three years. This is the largest university-based entrepreneurship programme in Asia in terms of capital investment and scale.
The response to HK Tech 300 has been enthusiastic since its launch. Nineteen teams were selected to receive seed funding of HK$100,000 each. One of the teams is working on a novel antimicrobial drug to reverse antibiotic resistance in bacteria, which was collaboratively developed by Dr. Yun-wah Lam and Dr. Hongyan Sun, both Associate Professors in the Department of Chemistry.
This research article originated from CityU Research Stories.